MICR Code: 121259002

Bank: IDBI Bank
IFSC Code: Ibkl0000343
MICR Code: 121259002
Address: Idbi Bank Ltd, Paradise Plaza, Old Gt Road, Palwal, Haryana, 121102
City: Faridabad
District: Palwal
State: Haryana

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 121259002.

  • In this case first three codes 121 is city code and it represents city Faridabad.
  • Next three characters 259 represents bank IDBI Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Idbi Bank Ltd, Paradise Plaza, Old Gt Road, Palwal, Haryana, 121102.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.